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Retail Space Near Future Residence
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5201 Commonwealth Centre Pkwy, Midlothian, VA

Retail spaces available near high-traffic area and upcoming Residence Inn.

Space Size2,400 SF
Lot Size1.95 Acres
Days on Market1710

Property Features for 5201 Commonwealth Centre Pkwy

General Information

Standard status Active
Size 2,400 SF
Lot size 1.95 Acres
Property subtype RETAIL

Spaces For Lease

at 5201 Commonwealth Centre Pkwy Contact us

5201 Commonwealth Centre Pkwy $22/SF/Yr

Floor
1
Size
2,400 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- 2,400 SF & 5,200 sf available - Residence Inn coming next door delivering in 2024...
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Listing Agency: Cushman & Wakefield | Thalhimer - Corporate
Listed By: Jim Ashby IV
Source: Moodyscre
Added: Dec 16, 2021 Changed: Aug 8 Last Checked: Aug 22 at 9:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Thalhimer - Corporate

Investment Insights

Based on property information with market context.

Available for lease are retail spaces of 2,400 and 5,200 square feet. The property benefits from its location in a rapidly growing submarket with high traffic volume of 79,000 vehicles per day. The site offers convenient access to Hull Street Road and Route 288. A Residence Inn with 115 rooms is under construction next door, with expected delivery in 2024. Current tenants include iLoveKickboxing.com, Massage Envy, and Southeastern Physical Therapy for Kids.

Key Highlights

  • High traffic volume: 79,000 vehicles per day (VPD)
  • Located in a fast‑growing submarket of Richmond, VA (RVA)
  • Easy access to Hull Street Road & Route 288

Property Analytics

Current Use

Massage Envy Alternative Medicine Practice

Suggested Use

Top Pick Building Supply Law Firm Auto Repair Shop HVAC Service Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby
432k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 30% Superstores 24% Dining 14% Shops & Services 13%
Target Superstores
102,688 visits/mo 0.3 miles
Kohl's Apparel
50,656 visits/mo 0.3 miles
T.J. Maxx Apparel
49,345 visits/mo 0.2 miles
McDonald's Dining
33,532 visits/mo 0.4 miles
Regal Commonwealth Leisure
31,949 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available near high-traffic area and upcoming Residence Inn.
Where is this retail space located?
The property is located at 5201 Commonwealth Centre Pkwy Midlothian, VA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: High traffic volume: 79,000 vehicles per day (VPD); Located in a fast‑growing submarket of Richmond, VA (RVA); Easy access to Hull Street Road & Route 288
(804) 212-7964 Call to check price and availability
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